Moodys

As if Moody's doesn't have enough problems with the their rating of the CDO's, CSO's, CMO's, SIV's, and having the SEC and the FINRA investigating them along with their stock price being cut more than half in price without the benefit of a 2 for 1 split. Now we find out there was a computer error that gave top rankings to securities that didn't deserve them. Even worse, Connecticuts Attorney General said yesterday he is investigating New York- based Moody's for potential fraud in connection with a possible ``cover-up'' of inaccurate ratings. More fraud is on the way.

I have said it numerous times before---don't believe anything you read or hear.